Consumer Price Index to be Measured by Bureau of Labor Statistics
CPI Measures Change in Price of Goods and Services
BLS to Publish Monthly Release Dates
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. The CPI is a key indicator of inflation and is used by policymakers to make decisions about monetary policy, interest rates, and other economic matters.
The CPI is calculated by the Bureau of Labor Statistics (BLS) and published monthly. The BLS also publishes a schedule of monthly release dates for the CPI and associated data on consumer inflation.
The CPI is an important tool for policymakers and consumers to track changes in the prices of goods and services and how those changes are impacting the economy.
Komentar